Kerry Group to Invest €100 Million in Global Technology & Innovation Centre in Ireland

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Kerry Group to Invest €100 Million in Global Technology & Innovation Centre in Ireland

Kerry Group, the global ingredients, flavours and consumer foods group, is to establish an industry-leading Global Technology & Innovation Centre in Ireland to serve the group’s customers in its EMEA Region. Located on a 28 acre site at Naas in County Kildare, the new flagship global technology and customer innovation centre will serve as a key focal point for Kerry’s customer engagement activities providing strategic customers with access to the group’s complete breadth and depth of technologies, scientific research, innovation and applications expertise across food, beverage and pharmaceutical markets.

Kerry Group will invest €100 million in the new campus which will accommodate 800 people in 2015 and a further 100 positions when fully commissioned by mid-2016. The new Kerry Global Technology & Innovation Centre will also include Kerry Ingredients & Flavours EMEA regional management, 1 Kerry Global Business Services and support functions.

Stan McCarthy, chief executive of Kerry Group, comments: “The establishment of this new global technology and innovation centre is consistent with the Group’s 1 Kerry Strategy for Sustainable Growth, providing our customers with access to Kerry’s total technical and innovation capability to optimise product differentiation in the marketplace and provide unrivalled speed to market. Working in tandem with the Group’s existing technology and innovation facilities, the new Centre will focus Groupwide capability to drive strategic customer engagement and sustainable growth.”

Construction of the new facility will commence in early 2013 once planning is complete.

From the commissioning of its first manufacturing plant in Listowel, Ireland in 1972, the Kerry organisation has grown to become a highly successful public company, having achieved sustained profitable growth with current annualised sales in excess of Eur5 billion. Launched as a public company in 1986, the market capitalisation of the group has grown to a current level of approximately Eur7 billion. Kerry Group now employs over 24,000 people throughout its worldwide activities and operations. The group’s ingredients & flavours division develops, manufacturers and delivers innovative technology-based ingredients and taste solutions and pharma, nutritional and functional ingredients for food, beverage and pharmaceutical markets.

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Carlsberg Group Remains on CourseCarlsberg Group has announced organic and reported net revenue growth of 2% to DKr31.77 billion (€4.27 billion) for the first half of 2017 although group beer volumes fell organically by 3%, chiefly due to a decline in Russia. Operating profit was up 15% organically, with all three regions – Western Europe, Eastern Europe and Asia [...]...

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The UK’s food-to-go sector is in rude health and will be worth £23.5 billion by 2022, up from £17.4 billion in 2017, according to IGD, as shoppers’ preference for eating on the move shows no signs of slowing down. IGD’s food-to-go research splits the market into five segments, with the organisation’s latest forecasts suggesting particularly strong [...]...

Irish Food Companies Encouraged to ‘Think Digital’ and Maximise Online Retail OpportunityBord Bia has announced a partnership with the Digital Marketing Institute to offer Irish food and drink companies an opportunity to grow and develop their online presence with a view to increasing brand awareness and sales. ‘Think Digital’ is a 6-month digital marketing programme available to all Irish food and drink companies designed specifically to address the [...]...

Norwegians Sceptical About Ready-to-eat FoodAround 40% of Norwegian consumers agree with the statement that industrially produced food is unhealthy, according to the results of a survey conducted by Kantar TNS on behalf of Orkla. Nine out of 10 think that the food they prepare themselves is better than industrially produced food, while close to half think that the industry [...]...

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